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11:58 April 4th, 2009

Jobless numbers…

Posted by: Robert Basler
Tags: The Good, the Bad, and the Ugly, , ,

One in 10 Americans gets help from U.S. to buy food

The U.S. unemployment rate was 8.1 percent in February, the highest in 25 years. Weekly claims for jobless benefits totaled 669,000 last week, the highest in 26 years, the government said on Thursday.

Your report incorrectly states unemployment figures. It states, “Weekly claims for jobless benefits totaled 669,000 last week, the highest in 26 years, the government said on Thursday.” That figure is not the total weekly claims but only new, initial claims. Total number of claims is much, much higher than this figure.

Blair

Yes. We corrected: GBU Editor

A group of laid-off workers meet during a recruitment event at a pub in New York March 25, 2009. The group calls itself “The 405 Club”, referring to the $405 weekly maximum unemployment benefit in New York. REUTERS/Eric Thayer

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